Tessera Defense & Homeland Security Gets 90-Day Option to Buy 51% of RT LTA at $13M Cap

Tessera Defense & Homeland Security entered into an option to acquire 51% of RT LTA Systems from X S.E. Security and Defense, featuring a refundable $1 million option fee and a 90-day exercise window subject to due diligence and approvals. The purchase price equals 51% of RT’s equity value, capped…